Good afternoon, Troyanos. Keep an eye on these trading recommendations.
We're in the perfect screen to trade within the Binance app. Decentralized finance (DeFi) assets like $PENDLE that you have on screen are excellent for trading due to their volatility.
Here's a quick action plan to get started right away with this pair:
⚡ How to start trading right now
To Buy (Entry): Hit the green "Buy" button at the bottom. The current price of 1.377 USDT is an interesting point because it's coming off a floor and has room to climb.
First Take Profit Target: A quick and happy target would be to place a sell order near the daily high at 1.405 - 1.409 USDT.
Protection (Stop Loss): To trade safely, you can set up an emergency exit if the price falls below the recent low of 1.334 USDT.
🛠️ Recommended setup on your screen
Before hitting buy, I suggest activating these tools by tapping the gray buttons below the chart:
Tap "EMA": This will show you the exponential moving averages to see if the short-term trend is strong.
Tap "BOLL": The Bollinger Bands will visually indicate if the price is "cheap" (touching the lower band) or "expensive" (touching the upper band).
$PENDLE
#BinanceSquareFamily #PublicayGana #white2Earn
We're in the perfect screen to trade within the Binance app. Decentralized finance (DeFi) assets like $PENDLE that you have on screen are excellent for trading due to their volatility.
Here's a quick action plan to get started right away with this pair:
⚡ How to start trading right now
To Buy (Entry): Hit the green "Buy" button at the bottom. The current price of 1.377 USDT is an interesting point because it's coming off a floor and has room to climb.
First Take Profit Target: A quick and happy target would be to place a sell order near the daily high at 1.405 - 1.409 USDT.
Protection (Stop Loss): To trade safely, you can set up an emergency exit if the price falls below the recent low of 1.334 USDT.
🛠️ Recommended setup on your screen
Before hitting buy, I suggest activating these tools by tapping the gray buttons below the chart:
Tap "EMA": This will show you the exponential moving averages to see if the short-term trend is strong.
Tap "BOLL": The Bollinger Bands will visually indicate if the price is "cheap" (touching the lower band) or "expensive" (touching the upper band).
$PENDLE
#BinanceSquareFamily #PublicayGana #white2Earn